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Hi,Tax question. I currently own 19 units in 7 different properties. All of the properties are held in my name personally, not in an LLC or partnership. I am a heavily leveraged individual, which is way I haven't yet ...
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I inherited a property and I am paying the mortgage which is in the estate name while I live in it and am doing the probate in pro per and am planning to renovate and rent it. In the meantime I'm educating and prepar...
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I am new to investing in rental and do not want to go into debt to start my rental business. I was thinking that buying a mobile home on land and renting it. Most post on here are park based and financing based. Is...
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My two partners and I recently formed an S Corporation with the goal of generating cash flow from fix & flips so we can reinvest the profits into long-term rentals. We decided on an S Corp so we could reduce SE ta...
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Hello everyone, I am relatively new to this. I purchased a 2 flat in Aurora, Illinois about 10 months ago and now have have both units rented. I want to get a second property and would love know of any tips on how t...
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When I refer to a new partner I mean a future spouse (fiance) who I will be investing with. My goal is to be able to deduct business meals, travel, etc. that we already commonly do. I currently work in energy consul...
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Who on the site owns and/or operates adult family homes? I've done a lot of research and found that as investments their cash flow can be great.
I'm looking to gain insight into the strategy or either building new c...
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Goal: My goal is to purchase a 100+ unit apartment complex that is somewhat distressed (eg, high vacancy or poorly maintained) but in a Class A area. Improve its operations and NOI, and obtain "forced appreciation...
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Good morning BP friends, I have been doing real estate in Tampa for about three years now and am looking to increase my sales. I did 20 sales last year and I am trying to hit 30 for this year. I am also active militar...
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Throughout high school from working long hours on various jobs and then investing that money into ETFs, I managed to save up (some say I sacrificed my social life through not spending any of it) around $40k.I’ve been ...